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Cathay smashes 2017 loss with 2018 profit of US$293 million
来源： 编辑：编辑部 发布：2019/02/24 09:37:21
HONG KONG's Cathay Pacific Airways expects to record a consolidated profit of HK$2.3 billion (US$293.02 million) for 2018, sharply reversing the 2017 loss of HK$1.2 billion.
"The cargo business was strong. Capacity, yield and load factors increased. The company's transformation programme has had a positive impact," a release commenting on the unaudited results from the airline said.
It continued: "The passenger business benefited from capacity growth, a focus on customer service and improved revenue management. Load factors were sustained and yield improved despite competitive pressures."
"The cargo business was strong. Capacity, yield and load factors increased. The company's transformation programme has had a positive impact," a release commenting on the unaudited results from the airline said.
It continued: "The passenger business benefited from capacity growth, a focus on customer service and improved revenue management. Load factors were sustained and yield improved despite competitive pressures."